Major institutions believe that global monetary policy easing is expected to affect China.
Editor’s note: This article is from Economic Observer Online , Author: Raoxian Jun , Reproduced with permission
On March 4, real estate stocks in the domestic A-share market rose. Tahoe Group (000732.SZ), CCCC Real Estate (000736.SZ), Tianfang Development (600322.SH) and other real estate industry stocks reported. Close the daily limit.
According to the information from the straight flush sector, the real estate development sector ranks first in the industry sector with a 4.03% increase. The real estate development sector has a total increase of 9.53% this week, which is second only to the building decoration sector, building materials sector, Environmental engineering sector and securities sector.
Among them, Taihe Group has the highest market value among the stocks in the plate. It closed at 6 yuan / share, an increase of 10.09%, and the total market value rebounded to 14.93 billion yuan. The earliest impact of China Real Estate’s daily limit was closed at 10.11 yuan / Stocks, an increase of 10.01%, it is worth noting that CCCC Real Estate has harvested 3 daily limit boards within 3 days.
The real estate sector of the Hong Kong stock market has also undergone simultaneous changes. Among the domestic property stocks, Longhu Group (00960.HK), Greentown China (03900.HK), Shimao Real Estate (00813.HK), Sunac China (01918.HK), etc. There was an increase of more than 5% during the session.
During the night of March 3, Beijing time, the Fed suddenly announced a 50 basis point rate cut. The rate and intensity of the rate cut were far beyond expectations. The market generally expects that the Fed ’s rate cut will be held on March 17-18. Proposed at the meeting.
After the United States, the UAE, Saudi Arabia and other countries also cut interest rates by 50 basis points. Australia, Malaysia, India and other countries have also clearly stated their interest rate cuts. In addition, Goldman Sachs economists expect that Canada, the United Kingdom, New Zealand, South Korea and the European Central Bank will also Interest rates will be cut.
Major institutions believe that the expectation of global monetary easing will also affect China. According to the economic observation network statistics of major securities firms, it is found that large-scale brokerage institutions such as CITIC Securities, Haitong Securities, Guojin Securities, and Guotai Junan have stated that the probability of the People’s Bank of China cutting interest rates or directional interest rates in March has increased significantly. The target rate will be reduced by 100 basis points.
A number of securities firms also believe that on the basis of maintaining the “housing, housing and speculation” policy, loose monetary policy will bring new development opportunities to infrastructure, real estate and other industries.
On March 3, the People’s Bank of China, the Ministry of Finance, and the China Banking Regulatory Commission held a symposium on financial support for epidemic prevention and control and economic and social development. During the meeting, it was emphasized that the house should be used for living, not for speculation, and “not Using real estate as a short-term stimulusEconomic means “to maintain the continuity, consistency and stability of real estate financial policies.